New NY Times CEO could make $10.5M

The New York Times Co. named former BBC director general Mark Thompson as its new CEO earlier this week, and now comes word that he will receive a pay package totaling as much as $10.5 million, including an annual salary of $1 million, according to Bloomberg News. Mr. Thompson, who was previously the British Broadcasting Corp.'s director general, can make as much as $4.5 million from his signing bonus, $2 million in annual incentives and $3 million in long-term incentives, Bloomberg News reported. The 161-year-old publisher, faced with declining advertising revenue from its print editions, has been trying to boost revenue from digital products. Last year, it began charging for online access to The New York Times and The Boston Globe newspapers. The company hopes Mr. Thompson can help revive sales growth and accelerate a shift to the Internet, Bloomberg News said. The new pay package is a raise for Mr. Thompson, who had reportedly received $976,000 in total compensation for his most recent year at the BBC. Bloomberg News contributed to this article. Continue reading at 'Crains New York'

[ Crains New York | 2012-08-18 00:00:00 UTC ]
News tagged with: #print editions #boost revenue #digital products #online access

Other Publishing stories related to: 'New NY Times CEO could make $10.5M'

Samantha Power’s Memoir Makes Me Wonder if She Should Never Have Joined the Obama Administration at All

Is it really worth it to be in the room where it happens? Or can you do more good from the outside? Continue reading at Slate

[ Slate | 2019-09-12 20:18:38 UTC ]
More news stories like this | News stories tagged with: #samantha power #memoir makes #obama administration #memoir

McLaughlin wins Sunday Times Audible Short Story Award

Irish writer Danielle McLaughlin has won the Sunday Times Audible Short Story Award with her story "A Partial List of the Saved".  Continue reading at The Bookseller

[ The Bookseller | 2019-09-12 12:41:46 UTC ]
More news stories like this |

10 New Manga to Pick Up This Year

Wondering what new manga series have been published in English this year? This list contains some of the best titles to come out this year! Continue reading at Book Riot

[ Book Riot | 2019-09-12 10:34:11 UTC ]
More news stories like this | News stories tagged with: #manga

Atlantic Books reports operating profit for first time in a decade

Atlantic Books has announced that 2018 saw its first operating profit since 2009. Continue reading at The Bookseller

[ The Bookseller | 2019-09-09 19:58:43 UTC ]
More news stories like this | News stories tagged with: #atlantic books #operating profit

Shanker Out, Litterick In as CEO of EnsembleIQ

[caption id="attachment_170775" align="alignright" width="150"] Jennifer Litterick[/caption] EnsembleIQ's board of directors has appointed Jennifer Litterick as the company's next CEO, effective immediately, marking the third leadership change at the Chicago-based B2B publisher since its... Continue reading at Folio Magazine

[ Folio Magazine | 2019-09-09 19:33:28 UTC ]
More news stories like this | News stories tagged with: #executive chairman #philadelphia inquirer #year earlier #half years #press release #pivotal moment #renewed growth

NBF Honors ABA CEO with Literarian Award

Outgoing American Booksellers Association CEO Oren Teicher, who has run the ABA for a decade, will receive this year's National Book Foundation's Literarian Award for Outstanding Service to the American Literary Community. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #literarian award #outstanding service #american booksellers association

Baggini, Green and Lovell make Nayef Al-Rodhan Prize shortlist

Julian Baggini, Toby Green and Julia Lovell are among the six-strong shortlist for this year’s £25,000 Nayef Al-Rodhan Prize for Global Cultural Understanding. Continue reading at The Bookseller

[ The Bookseller | 2019-09-09 00:12:45 UTC ]
More news stories like this | News stories tagged with: #julian baggini #six-strong shortlist

How the New York Times broke Harvey Weinstein

Review of 'She Said: Breaking the Sexual Harassment Story that Helped Ignite a Movement' by Jodi Kantor and Megan Twohey Continue reading at The Washington Post

[ The Washington Post | 2019-09-08 13:51:50 UTC ]
More news stories like this | News stories tagged with: #jodi kantor #megan twohey

TIME Names New Sales, Marketing Leads | People on the Move

[caption id="attachment_170617" align="alignright" width="150"] Viktoria Degtar[/caption] Five weeks into Keith Grossman's tenure as president of Time magazine, the list of new additions to its executive ranks is getting longer. Following last month’s appointment of chief legal officer Dana... Continue reading at Folio Magazine

[ Folio Magazine | 2019-09-05 19:34:18 UTC ]
More news stories like this | News stories tagged with: #rolling stone #consumer technology #daily newsletter #climate crisis #public health #marie claire #associate publisher

Newsletter: Book Club | Join George Takei on Sept. 10

Actor George Takei shares "They Called Us Enemy" with L.A. Times Book Club readers Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-09-04 14:00:30 UTC ]
More news stories like this | News stories tagged with: #times book #book club

Margaret Atwood makes Booker Prize short list, Giller Prize long list

Awards buzz is ramping up for author Margaret Atwood, who is again in the running for both the Man Booker Prize and the Scotiabank Giller Prize.  Continue reading at CBC

[ CBC | 2019-09-03 19:27:06 UTC ]
More news stories like this | News stories tagged with: #man booker prize

Review: Two pros aim to make reading fun for kids in 'How to Raise a Reader'

Want your child to love reading? Two New York Times children's book editors give tips on making reading a pleasurable experience Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-08-30 18:10:32 UTC ]
More news stories like this | News stories tagged with: #love reading #making reading #children's book

10 Rejected Book Covers That Almost Made the Cut

We’re back with our rejected book cover series, where designers walk us through the process and show us the book covers that could have been. (For previous entries in this series, see here and here.) What kind of planning and thought goes into the cover design process, and what beautiful art... Continue reading at Electric Literature

[ Electric Literature | 2019-08-30 11:00:07 UTC ]
More news stories like this | News stories tagged with: #book covers #electric literature #book cover

Meredith Corp. Makes Digital-Side Promotions | People on the Move

Meredith Corp. announced several promotions within its Digital Content Group this week:  [caption id="attachment_170397" align="alignright" width="150"] Jessica Plautz[/caption] Jessica Plautz was promoted to the director of content operations, succeeding Ron Kelly, who departed the company in... Continue reading at Folio Magazine

[ Folio Magazine | 2019-08-29 18:50:41 UTC ]
More news stories like this | News stories tagged with: #senior fellow #work alongside #special projects #associate editor #justice department #assistant editor #digital content

This Cookbook from 1942 Is a Textbook for Making a Better World

My stove and I have been at odds for some time now. Beautiful and wasteful, it is the kind that is ubiquitous in Los Angeles kitchens of a certain vintage and which has chrome fins like a muscle car. And like those muscle cars, it is a gas guzzler. Aside from the standard four burners, […] The... Continue reading at Electric Literature

[ Electric Literature | 2019-08-29 11:00:20 UTC ]
More news stories like this | News stories tagged with: #world appeared #electric literature #cookbook

Westover and Powers make Dayton Literary Peace Prize shortlist

The Dayton Literary Peace Prize shortlist has been unveiled featuring Tara Westover’s debut Educated (Windmill) and the Man Booker-shortlisted The Overstory (William Heinemann) by Richard Powers. Continue reading at The Bookseller

[ The Bookseller | 2019-08-29 01:46:22 UTC ]
More news stories like this | News stories tagged with: #richard powers

Chisholm, Hood and McLaren make Bookbug Picture Book Prize shortlist

Alastair Chisholm, Morag Hood and Meg McLaren have made the 2020 Bookbug Picture Book Prize shortlist. Continue reading at The Bookseller

[ The Bookseller | 2019-08-27 21:03:28 UTC ]
More news stories like this | News stories tagged with: #alastair chisholm #morag hood #picture book

Alexander's 'timely' dystopian thriller goes to Allison & Busby

Allison & Busby has acquired a “gripping and timely” dystopian thriller by Edinburgh-based writer Jane Alexander. Continue reading at The Bookseller

[ The Bookseller | 2019-08-27 20:45:03 UTC ]
More news stories like this | News stories tagged with: #dystopian thriller #allison busby

Cutting Print: Making It Work When Publishing Days Must Go

When a large U.S. newspaper cuts print publication days or curtails home delivery, headlines may scream media apocalypse. But for Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-08-27 15:09:04 UTC ]
More news stories like this | News stories tagged with: #print publication

Cofounder and CEO of Food52 Amanda Hesser shares the books that inspired her to pursue a career in food

From food pioneer MFK Fisher’s timeless memoir to Zappos founder Tony Hsieh’s customer-centric mission statement, these are Hesser’s favorite books. 1. The Gastronomical Me, MFK FisherRead Full Story Continue reading at Fast Company

[ Fast Company | 2019-08-20 07:00:18 UTC ]
More news stories like this | News stories tagged with: #memoir